52 of the Best Bitcoin Quotes – From All Over The World

Bitcoin quotes from programmers

“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currency is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.” –

Satoshi Nakamoto

(founder of Bitcoin)

“So my view’s quite clear. I believe cryptocurrencies, Bitcoin is the first example, I believe they’re going to change the world.” –

Richard Brown

(executive architect of IBM)

“Bitcoin has a couple of things going for it: one is that it is distributed, with no single point of failure, no ‘mint’, no company with offices that can be subpoenaed and arrested and shut down.” –

Hal Finney

(first person to receive a Bitcoin transaction)

“Trusted third parties are


holes.” –

Nick Szabo

(inventor of Bit gold, a precursor to Bitcoin)

“Bitcoin may be the TCP/IP of money.” –

Paul Buchheit

(creator of Gmail)

“What we want is fully anonymous, ultra low transaction cost, transferable units of exchange. If we get that going… the banks will become the obsolete dinosaurs they deserve to become.” –

Adam Back

(inventor of Hashcash, a precursor to Bitcoin)

“Just as it got easier to use email, it will be easier to use Bitcoin as people invest in it and become more familiar with it.” –

Gavin Andresen

(core developer of Bitcoin)

Bitcoin quotes from authors

“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.” –

Nassim Nicholas Taleb

(author of

The Black Swan


“Some of the most popular tech companies were ones such as Airbnb and Uber that openly challenged cumbersome regulations like those imposed on hotels and taxis. In the financial networks that Bitcoin was hoping to challenge, tech investors… saw just another set of regulations that could be disrupted to create a more efficient market. If anything, the financial industry seemed even more open to disruption because the incumbent businesses were so afraid of breaking the rules.” –

Nathaniel Popper

(author of

Digital Gold


“…control of a currency is one of the most powerful tools a government wields; ask anybody in Ireland, Portugal, Greece or Cyprus who lived through those countries’ recent financial crises. Bitcoin promises to take at least some of that power away from governments and hand it to the people. That alone augurs significant political, cultural and economic clashes.” –

Paul Vigna & Michael J. Casey

(authors of

The Age of Cryptocurrency


“The growth and importance of cryptocurrency and cryptocomputing rivals the early growth of the commercial Internet and web, and the technical and economic revolution that will result is perhaps even more significant than the first phase of the Internet.” –

Chris Burniske & Jack Tatar

(authors of



“You don’t need to ask anyone if your application can be published on the Internet. You don’t need to ask anyone to completely subvert a new industry with your information technology. On Bitcoin, you don’t need to ask anyone to invent a new financial instrument, a new payment system, a new service. You can just do it.” –

Andreas Antonopoulos

(high-profile Bitcoin advocate, author of

The Internet of Money

, and

Mastering Bitcoin


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Bitcoin quotes from business titans

“Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.” –

Marc Andreessen

(venture capitalist and co-founder of Netscape)

“Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.” –

Eric Schmidt

(former executive chairman of Google)

“I have invested in Bitcoin because I believe in its potential, the capacity it has to transform global payments is very exciting.” –

Richard Branson

(founder of the Virgin Group)

“Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same space and, of course, for large transactions, currency can get pretty inconvenient.” –

Bill Gates

(founder of Microsoft)

“You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust.” –

John McAfee

(founder of McAfee Inc.)

“Bitcoin is a very exciting development, it might lead to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets.” –

Kim Dotcom

(founder of Mega)

“PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency.” –

Peter Thiel

(venture capitalist, founder of PayPal, early investor in Facebook)

“There are three eras of currency – commodity-based, politically-based, and now: math-based.” –

Chris Dixon

(tech entrepreneur: co-founder of Hunch and SiteAdvisor)

Bitcoin quotes from investors

“… it is a much more efficient way of moving money around the world.” –

Tim Draper

(venture capital investor)

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“Investors shouldn’t lazily compare


that have material differences.” –

Jamarlin Martin

(founder and CEO of Nubai Ventures)

“You should be taking this technology as seriously as you should have been taking the development of the Internet in the early 1990’s.” –

Blythe Masters

(investment banker)

“Bitcoins are the most important invention since the Internet itself. They will change the way the entire world does business.” –

Roger Ver

(early Bitcoin investor)

“There will be a future where people will use Bitcoin, and they won’t even know they’re using it.” –

The Winklevoss Twins

(early investors in Facebook & Bitcoin)

Bitcoin quotes from Bitcoin entrepreneurs

“Bitcoin is the first time in five thousand years that we have something better than gold. And it’s not a little bit better, it’s significantly better. It’s much more scarce. More divisible, more durable. It’s much more transportable. It’s just simply better.” –

Wences Casares

(Argentine technology entrepreneur)

“When I first heard about Bitcoin, I thought it was impossible. How can you have a purely digital currency? Can’t I just copy your hard drive and have your Bitcoins? I didn’t understand how that could be done, and then I looked into it and it was brilliant.” –

Jeff Garzik

(CEO of Bloq)

“If we remember, 15 years ago if you were doing anything on the Internet you were going to make millions. I think it could be the same with Bitcoin.” –

Jared Kenna

(CEO of TradeHill)

“Bitcoin businesses are literally at the edge of law, not because they are doing anything wrong, but because Bitcoin enables new activities and behaviors and recategorizes money in such a way as to enable it to transcend current statuses. This is both exciting, and scary, because we’re breaking amazing ground and we’ll inevitably be in the crosshairs for doing so.” –

Erik Voorhees

(BitInstant / Satoshi Dice)

“The reason we’re all here is that the current financial system is outdated.” –

Charlie Shrem

(co-founder of BitInstant)

This is is a syndicated post. Read the original at citizensoftheworld.io


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